Carlyle COO Buys Into Secondary Offering

Glenn Youngkin bought $4 million in shares being sold by Calpers.

The investment manager Carlyle Group may currently be down from a recent high, but one insider took the opportunity of a recent secondary offering to buy stock.

On June 10, Chief Operating Officer Glenn A. Youngkin bought 150,000 shares of Carlyle Group (ticker: CG) for $4,032,000, an average of $26.88 each. This is his first purchase at the company and the first open-market purchase by an insider on record at the company since it...